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Web scale IT Market 2019 Global Size, Industry Trends, Share Leaders, Applications, Competitive Landscape, Key Strategies and Regional Forecast by 2023
Mar 28, 2019 (MarketersMedia via COMTEX) —
The report on the global Web scale IT market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, key player's market share analysis, competitive landscape and supply chain analysis.
Web-scale IT can deliver cloud computing resources and infrastructure to large cloud-based business organizations that can sort and analyze their increasing data depository that can fuel the business requirements. Market Research Future (MRFR) has published a research report about the global web scale IT market that anticipates advancement for this market at 17% CAGR (Compound Annual Growth Rate) between 2016 and 2022. By value, the market has been figured to be worth the US $ 200 mn by the end of the forecast period.
Analyzing the market structure, this report gauges the future growth potential of the market. It monitors the plans of the key players in the market and supports the competitive developments like joint ventures, new product developments, mergers & acquisitions, research and developments (R&D) in the market.
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Major Key Players
? Nutanix Inc.(U.S.),
According to Market Research Future Analysis, Global Web scale IT Market has been valued at USD~640 Million by the end of forecast period with an estimated CAGR of ~17% during forecast period 2016 to 2022.
Latest Industry News
? SwiftStack has announced world's first multi-cloud artificial intelligence (AI)/machine learning (ML)/deep learning (DL) data management solution.
The global web scale IT market can be segmented on the basis of end-user industry, provider, services, solutions, and lastly, region. Based on end-user industry, this market has been segmented into banking, financial services and insurance (BFSI), energy & utilities, healthcare, logistics, manufacturing, media & entertainment, retail, and transportation.
The regional segmentation of the global web scale IT market segments the market into the regional markets known as Asia Pacific, North America, Europe, and the rest of the world (RoW). North America has been anticipated to be the largest regional market due to the high revenue contribution that can result from high adoption of cloud-based services by production systems as well as by distribution channels. The presence of many key market players also plays an important role in market growth. The big-league country-specific markets in this region are the USA and Canada.
During the forecast period, the Asia Pacific regional market is expected to grow due to growing investment by leading players, and increasing demand for software-based services in developing countries like China and India. Japan is a technologically advanced economy in this region. So it has the potential to be an important country-specific market.
During the forecast period, Europe market is likely to grow due to the reasons same as North America. In this region, the main country-specific markets are Germany, France, and the UK, followed by the remaining countries of Europe.
The RoW segment covers the countries of the Middle East & Africa (MEA). In the MEA region, the market is limited due to poor countries, lack of infrastructure, lack of awareness, lack of advanced facilities, lack of skilled professionals, and lack of education.
Browse a Complete Report @ https://www.marketresearchfuture.com/reports/web-scale-it-market-1990
LIST OF TABLES
LIST OF FIGURES
About Market Research Future:
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Source URL: https://marketersmedia.com/web-scale-it-market-2019-global-size-industry-trends-share-leaders-applications-competitive-landscape-key-strategies-and-regional-forecast-by-2023/496371
Release ID: 496371
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